The figure reflects a continued trend of success for the co-ops’ utilization of the REDLG program. Over the past five years, North Carolina electric co-ops have received more than $39 million through 78 awards. Funding from 2024 will help finance industrial shell buildings in rural areas and provide first responders with top-of-the-line equipment.

REDLG awards provide zero- interest pass-through loans to rural cooperative utilities to fund local projects that create and retain jobs, boost economic growth and improve quality of life in rural America.

“Cooperatives are rooted in the communities they serve, and through the REDLG program, they are playing a key part in helping these rural areas prosper,” said Ann Fitts, community development specialist and REDLG program lead for North Carolina’s Electric Cooperatives. “They know the needs of their members, and through these awards, they’ve been able to help deliver resources that directly impact the lives of many.”

REDLG awards provide zero- interest pass-through loans to rural cooperative utilities to fund local projects that create and retain jobs, boost economic growth and improve quality of life in rural America.

Through the funding, co-ops have helped emergency services, such as fire departments, EMS and police departments, strengthen their capabilities by purchasing new fire trucks and patrol cars and improving emergency service facilities. These enhancements have not only supported the staff working hard to serve their communities, but also improved response times, and in some cases, helped lower homeowners insurance rates for local residents.

REDLG funding has also supported employment growth in rural North Carolina by financing the construction of industrial buildings where businesses can relocate or expand their operations. These opportunities help create jobs, increase the tax base and attract investments in co-op communities.

“Being able to deliver funding from the REDLG program to our community partners is exciting because it directly supports the growth and vitality of our rural communities,” said Tasha Rountree, director of community relations and economic development at Blue Ridge Energy. “By empowering local businesses, organizations and first responders, we’re investing in a brighter, more prosperous future for the people we serve.”